Financial Reporting. It should come as no surprise that there are strict requirements regarding the financial reporting of companies and not for profits. After this week’s episode you will have a comfortable overview of all that is required.
Personal Liability. A company is considered to a shield from personal liability. However it is important to learn that it is not 100% effective. And in this week’s podcast we look at how and when a director could be personally liable.
Penalties and Consequences. In this weeks podcast we take a look at what can happen to you if you don’t comply with the director’s duties. From civil penalties to criminal prosecutions, there penalties are severe and diverse and we believe it is important to know what can happen.
Duty to avoid insolvent trading. One of the most important duties as the implications of failing to abide by it are serious for both the individual director and all involved with the company. There are some complex and particular rules around what constitutes insolvent trading and the responsibility of directors, and they don’t always seem to follow the path of logic. This week we aim to make it as clear to understand as possible.
Duty to Maintain Confidential Information. This week’s podcast rounds of the discussion of duties that aim to guard against the encroachment of director’s personal interest. Be aware of what is confidential information and what you are entitled to do with it.
Duty not to improperly use your position. Following on closely from last week’s duty to avoid conflicts of interest, this week we examine the scope of the duty not to improperly use your position and how not to breach it.
Duty to avoid conflicts of interest. Being the director of a company provides you with access to some fantastic opportunities and useful information. But did you know that as a director, you always have to place the interests of the company above your own? In this weeks podcast we explore what that means for you and your business.
Duty of care and diligence. What is required to fulfil the duty of care and diligence, what standard do you need to reach and how does that differ within different companies and for different directors? All your questions will be answered in this week’s podcast.
Duty not to act for an improper purpose. With this week’s podcast we start our in-depth look at each of the duties that apply to directors in Australia. We will look at how power is granted for a purpose, what is proper and improper and what can happen if you get it wrong.
Directors’ Duties. In this week’s episode we get down to the essentials and step you through each duty that applies to company directors in Australia. At the end you will have a basic understanding of each duty that will be covered in greater detail further in this series. And it wouldn’t be a good podcast without some cautionary tales thrown in!
Introductions to the Legal Landscape. While last week we learned who all the players are, this week we take a look at the stage. This episode will guide you through all the relevant laws that govern companies and therefore director’s duties in Australia. What might have seemed like an impenetrable maze become illuminated.
Directors 101. In this week’s podcast we introduce you to the concept of directors’ duties in Australia. A simple and effective guide to all the necessary definitions and who’s who in your boardroom, it will leave you prepared to tackle the big issues in corporate governance.